BlackRock’s IBIT accounted for 90% of a $225 million Bitcoin ETF reversal after a seven-day buying streak

Kwon Crash

Published Jul 24, 2026, 9:57 PM UTC

Source: CryptoSource
- BlackRock’s IBIT just dumped $202 million, swallowing 90% of the $225M ETF outflow. Seven days of green candles? Poof. Gone. It’s not a crash; it’s a "meat wallet" correction. The other funds bled $27.6M while Grayscale scraped by with $5M in inflows—cute. IBIT’s dominance is absolute, even when it’s fleeing. Don’t panic; this is just secondary market redemption noise, not BlackRock liquidating its own stash. The eight-session streak still nets $774M positive, so the trend isn’t dead, just taking a breather. If you’re expecting a permanent reversal based on one day’s data, you’re reading the manifest wrong. Stay hydrated and check your PoD seals.